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SmarTrend Watching for Potential Rebound in Shares of Ford Motor Co After 2.48% Loss

By David Diaz

Ford Motor Co (NYSE:F) traded in a range yesterday that spanned from a low of $9.02 to a high of $9.16. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $9.21 on volume of 19.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is monitoring the recent change of momentum in Ford Motor Co. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Ford Motor Co in search of a potential trend change.

Over the past year, Ford Motor Co has traded in a range of $7.41 to $10.56 and is now at $9.04, 22% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.2%.

Keywords: rebounders ford motor co

Ticker(s): F